Register of contract u/s 189

This query is : Open

Anita Tayshete (Querist)
Follow

26 August 2025 Hello,

I have a small query in respect to register of contract. This is for private companies.
(i) Do we need to take omnibus approval in the first board meeting for related party transaction even if the transactions are at arm's lengths price and ordinary course of the business.
(ii) How can we maintain register of contract . should it be monthly, quarterly or yearly. I have seen many people maintaining on yearly basis and they mention date of contract as 01.04.- 31.03.
(iii) What should be the date of contract ideally if there are no contracts entered.

Regards
Anita

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now